PG&E Surpasses California’s 2020 Renewable Energy Goal Updated On Wed, Mar 10th, 2021 by Saurenergy Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
Renewable Energy Integration is India’s Next Big Challenge: IEEFA Updated On Fri, Mar 5th, 2021 by Saurenergy According to a report from Institute for Energy Economics and Financial Analysis (IEEFA), India already has 93 GW of on-grid variable renewable energy (VRE) capacity as of January 2021. Now, one of the next big challenges for India’s electricity sector is battery storage, green hydrogen, and flexible coal-fired power generation into the electricity grid i.e. […] Read more
Energy Storage Market Breaks Quarterly Deployment Record in the US Updated On Fri, Mar 5th, 2021 by Saurenergy 2,156 MWh of new energy storage systems were brought online in the US in Q4 2020, making it the new record quarter for US storage. According to Wood Mackenzie and the US Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, 2,156 megawatt-hours (MWh) of new energy storage systems were brought online in Q4 2020. This is an increase of […] Read more
Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects Updated On Fri, Mar 5th, 2021 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […] Read more
Tata Power DDL Launches Live P2P Solar Energy Trading Pilot in Delhi Updated On Wed, Mar 3rd, 2021 by Saurenergy The first live solar energy trading project has been launched in Delhi, spearheaded by Tata Power DDL and Australian tech firm Power Ledger India’s rapid adoption of renewable energy has been bolstered with the rollout of the first live solar energy trading project in Delhi, spearheaded by Tata Power DDL, a leading power distribution utility serving a populace […] Read more
Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh Extended. Again. Updated On Thu, Feb 25th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage project in Leh, Ladakh. Keeping up with its recent trend, the Solar Energy Corporation of India (SECI) has notified the extension in bid submission deadline for another tender. This time it has extended […] Read more
Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory Updated On Mon, Feb 22nd, 2021 by Saurenergy Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […] Read more
Hyundai Signs MoU for EV Battery Leasing Business, Strengthening EV Ecosystem Updated On Sat, Feb 20th, 2021 by Saurenergy South Korean automaker Hyundai Motor Company announced that it has signed a memorandum of understanding (MOU) with the South Korean government as well as logistics, battery, and mobility companies to demonstrate the electric vehicle (EV) battery leasing business. The MoU constitutes an agreement through which, Hyundai aims to foster an EV ecosystem by alleviating the […] Read more
